Smartasses of the world unite!!

Generally a smartass and believer in the Twainism that Against the assualt of laughter, nothing can stand. Mission: mock bigotry, narcisism, and ignorance. This is a collection of thoughts on baseball, politics, economics, and occasional other things.

Follow me on Twitter

Sunday, October 13, 2013

Couple things....

OK, couple things that are on my mind, and I really need to get it out.

Redskins; racist slur, and terrible choice for a nickname. It doesn't honor Native Americans. Braves, and Warriors, are commonly understood to be names based on titles given to those that fought for their people. Chiefs is pretty well established to refer to the leaders. Indians is pretty benign, and like Vikings or Spartans is a group of people. They're all OK, but "redskins" is a slur. I know about Coach Deitz. I know the Redskins were the Braves in 1932. I know George Allen, when he was coach commissioned a group of Native Americans, and that group said the nickname was fine. Imagine that, a group created by the then coach liked the nickname. Wow! What a surprise.

It's simple; go into any Native American run casino, and call everyone there "redskin." If you don't get your ass kicked, then "redskin" is probably not a slur. It's not about "context." Context is an excuse, that does not apply to any other slur.

Tea-party bullshit; if you don't think the government is good for anything, then you can't complain about it being shut down.

The whole thing is ridiculous. The "Don't Tread On Me" flag is misused. War for Independence was not about taxes, it was about taxation without representation, which you have. I know because I see the mouth breathers you've elected to Congress. The Confederate Battle Flag is also being bandied about at Tea Party rallied, and is also out of place. It's not about "States rights," (and neither was the Civil War unless you want to stipulate that the only state right they were concerned about was slavery).  It's not about government debt either, because you didn't say boo when the deficit exploded under W. And, no, saying W was not a "true conservative" does not re-establish cred to the conservative brand. You dummies loved everything he did for eight years.

Oh yeah, and if government is bad, why do you want to blame the shutdown on Democrats? If government is bad, then logically a shutdown of a bad thing would be good. It would seem to me that you should be taking credit for it.

Lastly Obamacare - Constitutional. Sorry. Passed by the House, and the Senate, signed by the President, upheld by the Supreme Court. That's about as Constitutional as it gets. If conservatives were smart they'd take credit for the whole thing anyway. It's an idea out of the conservative Heritage Foundation. It was implemented by GOP Governor Romney (remember him!?)

Wednesday, October 2, 2013

No, really. Who's naive and clueless??

"Just another pie-eyed liberal who wants the government to right all the wrongs, and make everything fair for everyone."

"You libs are so naive. You think the answer for every thing is more government. If we could just get the government out of the way of the free market it would be so much better."

"Competition in the market is just more efficient by virtue of competition."

Tea Partiers and other extreme conservatives call liberals "naive" for putting the purpose of helping others on the shoulders of government. To hear them it would be best for all concerned if most everything was left to the magic of the private sectors' market forces.

What does the free market, unfettered by regulation, produce? One only needs to look at the US in the 19th and early 20th centuries. Child labor, there's that. Increased poverty, and stagnant wages. Income disparity, More frequent boom bust cycles with deeper recessions.

Really? History? Anyone? Beuller? Beuller? 19th Century - unfettered capitalism. Ring a bell? How was it for people who worked for a living? We have, in the United States the greatest income disparity since the Great Depression. The financial sector has been deregulated time and again since the 1980s. For the Tea-Billies - deregulation means less government, and more "free market." So the money that greases the skids of the economy has been pretty much going where it wants to in it's chase for profit. You know, profit, the end all be all motivation that, according to the cult of conserva-libertarian-Ayn Rand objectivism will fix everything. Everything I say.

Who's really being naive here? If you think that, despite - you know - history, unfettered capital markets will address what a society need, you're being naive. 

So what does history tell us unfettered free market forces yield? Historically business seeks the greatest market share it can get. Theory says a player captures market share by being better: better product, or more less expensive by being a more efficient producer. Market share rules, but unfettered, players in a market find it more effective to capture market share by leveraging it's comparative advantages to buy more. Rockefeller didn't only dominate the early petroleum industry by seeking to be the most efficient producer of kerosene, and later gasoline. He also did it by leveraging early leadership to own and control as much delivery as possible throughout the economy. JP Morgan's General Electric didn't only get in early, but it used frivolous legal maneuvers to choke out early players like Westinghouse whose pockets were not so deep. It's not about being the best in a market. Believing that as business dogma is naive. It's about being the quickest to be the biggest in a market, then dominating the competition with size, not necessarily out performing them. Conservatives say that's business, and it is. What it's not is capitalism, and it's not market forces creating optimal outcomes for the society that they are in. If there's not enough competition, then market forces can't work. Participants get bigger and bigger, and when threats of competition are neutralized - through acquisition, or elimination - players become rent seekers, and extract revenue while controlling costs.

How was it to be in labor in the 19th century, and early 20th century economies? Generally it sucked. Long hours, no overtime, shitty wages. Add to that the greater frequency of panics, recessions, and depressions.

It's been said that business is the worlds most competitive sport. Make no mistake, capitalism remains the most efficient economic system to base a society on, but it needs to be regulated. That is to say it needs regulations, not central planning. It needs the government to be an official and enforce the rules. Every competition needs rules, and referees, otherwise it's not really a competition.

If you really think that unfettered capitalism leads always to optimal results, you need to crack more than a few history books, because you're a doe-eyed child.